The global marine fuel market was valued at US$148.739 billion in 2019 and is expected to grow at a CAGR of 0.84% over the forecast period to reach a total market size of US$156.426 billion in 2025. The expanding number of favorable economic agreements being signed among various nations and is foreseen to increase the oceanic exchange volume, in this manner decidedly affecting the overall development of the global marine fuel market.